Riskpilot← Back to searchSign inGet full accessPOLARWORKS AS
ASActiveOrg 913988523Schweigaards Gate 34E, 0191 OsloOther software publishing · NACE 5829Est. 20140 employeespolarworks.no
Revenue 2021
NOK 0
EBITDA margin
—
-266% vs 2020
Equity ratio
14.0%
Financial strength
Net profit 2021
NOK -5,3M
-157% vs 2020
| Revenue | NOK 0 | — |
| EBITDA | NOK -3,6M | -266% |
| Net profit | NOK -5,3M | -157% |
| Total assets | NOK 11,1M | +16% |
| Equity | NOK 1,6M | -77% |
| Employees | 0 | — |
Legal name
POLARWORKS AS
Org number
913988523
Legal form
Aksjeselskap
NACE code
5829 · Other software publishing
Founded
30. august 2014
Share capital
NOK 7 055 030
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Daglig leder alene eller styrets leder alene.
Company purpose
Å utvikle, produsere og selge 3d-printere og relaterte produkter.
Address
Schweigaards Gate 34E, 0191 Oslo
Website
polarworks.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 55 | 203 | 0 |
| Staff expenses | −1 195 | −1 115 | −1 657 | −1 005 | −902 |
| EBITDA | 10 | −4 078 | −325 | −988 | −3 615 |
| Depreciation & amort. | −0 | −0 | −23 | −968 | −1 555 |
| EBIT | 10 | −4 078 | −348 | −1 956 | −5 171 |
| Net financials | 0 | 1 | −41 | −114 | −144 |
| Profit before tax | 10 | −4 078 | −389 | −2 069 | −5 315 |
| Tax | −0 | −0 | −0 | −0 | −0 |
| Net profit | 10 | −4 078 | −389 | −2 069 | −5 315 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|
| Total assets | 122 | 1 931 | 9 663 | 9 572 | 11 121 |
| Equity | −3 426 | −5 641 | 8 940 | 6 870 | 1 556 |
| Long-term debt | 1 673 | 6 800 | 0 | 2 469 | 5 963 |
| Short-term debt | 717 | 772 | 723 | 232 | 3 602 |
| Total debt | 2 390 | 7 572 | 723 | 2 702 | 9 565 |
EBITDA margin
-361508300.0%
This company
15.8%
Market median
-2288027315% vs market
20172021
Equity ratio
14.0%
This company
38.2%
Market median
-63% vs market
20172021
Return on equity
-341.7%
This company
18.4%
Market median
-1957% vs market
20172021
Net profit margin
-531476700.0%
This company
8.1%
Market median
-6561440841% vs market
20172021
Asset turnover
0.00×
This company
1.12×
Market median
-100% vs market
20172021
Debt / equity
6.15×
This company
0.62×
Market median
-892% vs market
20172021
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TB Chief Executive Officer | Chief Executive Officer | 2014 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Board of Directors | 2018 | |
| Board of Directors | 2018 | |
| Chairman | 2018 | |
| Board of Directors | 2018 | |
No shareholder data available.
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POLARWORKS AS 
Circle Technology AsBoard members of POLARWORKS AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thomas Boe Wiegaard | Chief Executive Officer | 0 companies |
| Stein Christian Schibsted Waage | Board of Directors | 0 companies |
| Jørgen Andre Nilsen | Board of Directors | 0 companies |
| Sverre Kolbjørn Slåttsveen | Chairman | 0 companies |
| Øyvind Rostad | Board of Directors | 0 companies |